Digital technologies are rapidly changing the insurance landscape worldwide. In Africa currently, mobile insurance is prevalent, but other digital technologies are on the rise too, helping to provide a large number of households with coverage for the very first time.
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What is the role of insurance regulators in dealing with consumer data protection risks arising from increased data availability and usage?
InsurTech developmental traits have been compared to those of a curious and imaginative toddler (!) who pushes the boundaries, a herald of the Fourth Industrial Rev
The 12th Consultative Forum (CF12) on the topic of InsurTech: rising to the regulatory challenge took place on 20 March in Colombo, Sri Lanka gathering high-ranking representatives from the regulatory and supervisory bodies (in Asia), industry, NGOs and other stakeholders. Continue reading to access all the relevant documents and presentations.
When stimulating innovation, there are limits to what a supervisory authority can achieve alone. Inter-institutional cooperation is a powerful tool for responding to new market trends and for creating a safe space for the launch of new initiatives. This call took a closer look at what those cooperation platforms look like. Case studies were used to explore what the role of the insurance supervisor looks like within them, and pulled together a number of aspects that supervisors might need to consider when pioneering such an approach.
En stimulant l'innovation, il y a des limites à ce qu'une autorité de surveillance peut accomplir seule.
Al estimular la innovación, hay límites a lo que una autoridad supervisora puede lograr solo.